# Canby Financial Advisors

> Canby Financial Advisors is an SEC-registered investment advisory firm in Framingham, MA, registered since 2025, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 4, 2026.

- CRD: 338797
- Filed as: CANBY FINANCIAL ADVISORS
- Legal name: Canby Financial Advisors, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Framingham, MA
- Filing period: October 2026
- Form ADV filing dated: September 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/338797
- AdvisorCensus page: https://advisorcensus.com/firm/canby-financial-advisors-framingham-ma-338797

## Quick answers

**How is Canby Financial Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), Canby Financial Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Canby Financial Advisors located?**
Canby Financial Advisors' principal office is in Framingham, MA, according to its Form ADV.

**Is Canby Financial Advisors registered with the SEC or a state?**
Canby Financial Advisors is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 338797.

**How much does Canby Financial Advisors manage?**
Canby Financial Advisors reports $729,447,855 in regulatory assets under management in its Form ADV filing dated September 4, 2026 (85% discretionary).

**What types of clients does Canby Financial Advisors serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (190); high net worth individuals (184); pension and profit sharing plans (but not the plan participants or government pension plans) (8).

**Which custodians does Canby Financial Advisors use?**
Canby Financial Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Canby Financial Advisors report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/338797

**Does Canby Financial Advisors state an account minimum?**
Its Form ADV Part 2A brochure dated March 23, 2026 says: "Canby Financial does not impose a minimum portfolio size or a minimum initial investment to open an account."

**What changed in Canby Financial Advisors' recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 23, 2026)

- Account minimum: None

> Canby Financial does not impose a minimum portfolio size or a minimum initial investment to open an account.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $729,447,855
- Discretionary: $622,842,785
- Non-discretionary: $106,605,070

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 190 | $62,924,070 |
| High net worth individuals | 184 | $559,690,122 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 8 | $106,833,663 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2025 (0 years)
- Employees: 11 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, FL, MA, ME, NC, NH, NY, RI, TX, VA, VT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- canbyfinancial.com
- LinkedIn @canby-financial-advisors
- X @canbyfinancial
- YouTube @canbyfinancialadvisors289

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### July 2026
- Registered or notice-filed in TX.

### April 2026
- Regulatory assets under management went from $0 to $729,447,855.
- Registered or notice-filed in CA, CT, FL, ME, NC, NH, NY, RI, VA, VT.

### December 2025
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Canby Financial Advisors (CRD 338797): Form ADV filing data as of October 2026.